Saturday, December 15, 2012

5 Stock Hitting New Highs

Today stocks are a little mixed bag with several common traits:  On Friday they all hit new highs for the month, traded at least 100K shares and have a Barchart technical buy signal of 100%.  On the list are United States Steel (X), Viad Corp (VVI), Vipshop Holdings (VIPS), United Continental (UAL) and Tesoro Petroleum (TSO):

United States Steel (X)


  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 17.08% in the last month
  • Relative Strength Index 69.42%
  • Barchart computes a technical support level at 21.87
  • Recently traded at 23.85 with a 50 day moving average of 21.44
Viad Corp (VVI)


  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 37.32% in the last month
  • Relative Strength Index 85.44%
  • Barchart computes a technical support level at 23.81
  • Recently traded at 26.53 with a 50 day moving average of 21.38
Vipshop Holdings (VIPS)


  • 100% Barchart technical buy signal
  • Trend spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 16.95% in the last month
  • Relative Strength Index 72.06%
  • Barchart computes a technical support level at 13.03
  • Recently traded at 14.56 with a 50 day moving average of 10.99
United Continental (UAL)


  • 100% Barchart technical bu signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving average
  • 9 new highs and up 15.17% in the last month
  • Relative Strength Index 75.73%
  • Barchart computes a technical support level at 22.54
  • Recently traded at 23.01 with a 50 day moving average of 20.41
Tesoro Petroleum (TSO)


  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 16.06% in the last month
  • Relative Strength Index 56.34%
  • Barchart computes a technical support level at 40.31
  • Recently traded at 43.66 with a 50 day moving average of 39.48










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